[USER]

Question about paying for an MBA (in CA), would you recommend:
– Taking a loan from my 401k
– Using my liquid cash
– Getting a student loan
– Something else?

I know not everyone agrees this is a good investment, but I’ve decided to move forward with it and take the risk for several reasons.

I don’t have the flexibility and time to work for the school.

My employer does not sponsor and changing employers doesn’t make sense at this time.

[Sarah]

Use your liquid cash. Student loans have awful terms and you don’t want to miss out on possible market gains.

I’ve never heard of an employer paying off a 401k loan.

[Scott]

Cash flow it. If you have cash beyond an emergency fund, use that. Lastly, no one says you have to finish it in 2 yrs.

If it takes you 4 years, so what.

The speed of cash is the key.

[Nicholas]

I would take the loan as your company may pay it back when you land a job.

[Jule]

Get a job with a company that would pay for it. This is very common for big companies to offer tuition reimbursement.

My two graduate degrees were completely paid by my employer.

[Author]

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